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THE Employees Provident Fund (EPF) wants to exert greater control and influence over companies in which it has a substantial stake. It plans to do so by seeking board seats in selected companies.
DIVERSIFIED group DRB-HICOM Bhd, which is mainly involved in the automotive industry, expects its property division to contribute significantly to group revenue when its projects are completed, senior group director Datuk Mohd Nor Mohamad said.
SIBERHEGNER (M) Sdn Bhd, member of DKSH group, intends to set up an information technology (IT) centre in Malaysia to centralise and integrate IT systems in its South East Asia operations, said DKSH Holdings Ltd president and CEO, Dr Joerg Wolle.
Many countries have updated or replaced their age-old arbitration laws. It#8217;s time Malaysia#8217;s Arbitration Act was revamped in line with developments worldwide, writes SHAILA KOSHY.
iVest of Mimos Bhd, an Internet security Public-Key Infrastructure (PKI) solutions provider, will be packaged as a separate entity under Mimos#039; restructuring plans, targeted to be completed early this year.
NTPM Holdings Bhd (NTHB), which is principally involved in the manufacture and trading of tissue paper, toilet rolls and paper-related products, and trade in cotton products, has signed an underwriting agreement for a public offer in conjunction with its proposed listing on the KLSE main board.
FEARS that an attack on Iraq is inevitable coupled with record low oil stocks in the United States have pushed crude oil prices to near 12-year highs. US sweet light crude reached US$38.34 per barrel in early trading yesterday, its highest level since the 1991 Gulf War and less than US$3 shy of the record US$41.15 price seen in October 1990, a month after Iraq#146;s surprise invasion of Kuwait.
Datuk Mohd Salleh Masduki is often seen hands-on during exhibitions and trade fairs to promote his business ideas. He knows the ins and outs of his work and is good at it.